Martha Stewart Case Summary

In looking at the suit filed by Anheuser, we can closer examine how Anheuser- Busch was damaged through the actions taken by Mr. Thayer. Anytime that an insider trading scandal takes place, there is always damages and repercussions. The most identifiable damage is that of money and capital. Anheuser-Busch paid nearly $40 million more for the acquisition of Campbell Taggart due to the active trading of Mr. Thayer, and the rest of the insiders. It is easily identifiable, that one damage to Anheuser-Busch was a $40 million dollar excess payment to acquire Campbell Taggart. By exploring and understanding capital markets, we find other monetary damages to Anheuser-Busch. These damages come from the cost of ongoing lawsuits with the SEC as well as with the defendants, Paul Thayer, and the other insiders. Another monetary damage from the effects of the insider trading is the allocation of management resources during the legal battles and

When Martha Stewart was accused the first problem presented was the Media and how her case was going to be handled. Martha’s Stewart lawyer Robert Morvillo along with Martha’s publicist and show producers orchestrated a plan to keep Martha’s image as clean and honest as possible. They didn’t waste time by using the media, Martha’s TV show and Magazine to defend her position and manipulate the public opinion towards Martha’s innocence. It is clear that in court previous information and announcements of her innocence will create in the future juror’s minds the reasonable doubt needed to find her innocent. The judge immediately imposed a gag order to control the flow of information and to avoid

Louise Gosselin has undergone a life of many obstacles. She struggled with drug and alcohol addiction, as well as psychological problems. As a result of this she has been in and out of numerous jobs of various nature. For the majority of her adult life she has received social assistance. When Quebec decided to change its existing social assistance scheme in 1984, Louise felt her constitutional and provincial rights were violated, resulting in her pursuit of legal action. This is how the case of Gosselin v. A.G. (Quebec) came to be.

The reporter stated Mrs. Sterling has been arrested a total of five times. The last time she was arrested was 12/12/15. According to the reporter, Mrs. Sterling was arrested after she tried to outrun law enforcement in the parking lot of Wal-Mart. The reporter stated 3-4 days before the 12/12/15 arrest, Mrs. Sterling was arrested in Liberty, MS for shop lifting while Briana was present; Mrs. Sterling had Briana stealing things as well. The reporter stated there are concerns her sister may be using meth amphetamines because she hangs with a meth dealer and she’s abusing her children’s Adderal. Per the reporter, she’s tried several times to keep her sister out of jail and get her help, but Shelly isn’t interested in helping herself. The reporter

Analysis: The facts of the case are circumstantial yet lay out a pattern of wrongdoing by the defendant. Specifically that Begelman willfully used non-public information to his financial advantage. The following timeline is indeed suspicious but no “smoking gun” or direct evidence of wrongdoing.

Barbara Kingsolver shows that females can be as tough and responsible as the opposite gender. Taylor is at home, talking to her Mama and is helping her peel pees out of the shell. Taylor explains about how she was raised by a single mother and how responsible she turned out to be. Taylor grew up knowing how to change a flat tire, places to stop at to get help for her car and spending money wisely. “In my first few years at Pittman County Hospital I was able to help Mama out with the rent and the bills and still managed to save up a couple hundred dollars. With most of it I bought a car, a ’55 Volkswagen bug with no windows…” (Kingsolver, ch. 1) Taylor is deciding to to leave Pittman and start a new life. In this case, Taylor is being responsible

Martha Stewart and the Lehman Brothers are both well recognized, but both tend to get involved in situations that range from the unethical to the illegal. Martha Stewart is one of the more popular favorites when it comes of decorating; her reputation as an authority on cooking and entertaining makes her famous and successful. Martha Stewart created Stewart Living magazine in 1990, in partnership with AOL Time Warner’s publishing division. Thus, by 1998, she bought some stakes in the magazine, which at that time had annual earnings of $180 million. In that same year Omni, media sold its shares to the public. Martha Stewart was then indicted by a federal grand jury on charges of Securities Fraud, Perjury and Obstruction of Justice. Furthermore,

She was found guilty of insider trading in 2003 and was convicted and sent to jail. She sold her shares of biopharmaceutical company ImClone Systems from a top that she got from Peter Bacanovic, a stock broker that worked at Merrill Lynch. He got the tip from chief officer Samuel Waksal, after he sold all of his shares in the company. This company was one that was working an a cancer treatment and was waiting for the FDA to get back to them to see if they would approve of their drug. Which they did not, causing the stock to drop 16% in one day. Since stewart sold her shares early, she was able to save around $45,673 bucks because of the information that wasn’t made public! She ended up doing a five month sentence with probation and house arrest. While Waksal, the CEO of the company, did seven

Case specifics provided explain how, Gail Davis, a previous employee of Diana Ross is bringing suit against Ms. Davis claiming financial and emotional harm due to Ms. Ross committing alleged libel. Ms. Davis was employed by Ms. Ross as an executive assistant up until the point where she voluntarily resigned from her position. In a letter drafted and published by Ms. Ross she made reference to a list of previous employees, stating she would not recommend these individuals based on her experiences and she implied that she had terminated these listed staff members. Ms. Davis was adamant that she was not fired, but rather chose to leave on her own accord. Additionally, the allegation stems from the idea that the letter guides readers to believe

In the case of Abby Lee Miller, an article in Forbes Magazine was written about her for hiding around $755,492.85 her income. Abby Lee Miller is a famous dance studio owner from Pittsburg that is featured on the TLC show ‘Dance Moms’. Most recently, on June 27 2016, Ms. Miller was convicted guilty of bankruptcy fraud, concealment of bankruptcy assets, and false bankruptcy declaration. She was caught hiding income from appearing on ‘Dance Moms’ and making guest appearances on similar shows. She also was hiding her income from selling merchandise and from holding dance master classes. Miller was hiding this by having payments made payable to other parties that included her mother, and fake companies. By hiding her income, the dance studio owner was not paying the proper amount in income tax. To add to this charge, in June, Abby Lee Miller transported more the $10,000 into the United States from Australia without filling out the proper paperwork for the Federal Government

In 2002, her reputation of being a successful businesswoman took a plunge when rumors leaked regarding her involvement of insider trading of ImClone stocks. She took part in selling her ImClone stock after hearing news of the rejection of their new cancer drug. After being convicted, the affect of this scandal took a toll on both Martha and ImClone. After serving her sentence, Martha began to reconstruct her life in hopes to bounce back from the insider trading scandal. Today she has managed to become just as successful as before this incident.

Question 1 Even as a friend of the family, Dr. Phil didn’t have the right to visit Britney at the hospital without her consent and permission to see her and walk into her room. As a patient at the Cedar-Sinai hospital, Britney was entitled to her privacy rights provided by the state. It was the obligation of the hospital to ensure that no uninvited visitors were allowed in her chambers. Britney had already been discharged from the facility and was packing to leave when Dr. Phil walked in while she was still parking.

“He confessed to them that the asset management portion of his firm was actually a large Ponzi scheme, the business had lost about $50 billion, and he was planning to turn himself in to authorities a week later” (CNN, 2015). The next day, which was December 11, 2008, he was arrested by the FBI. Later he was charged as guilty to eleven felony charges such as securities fraud, investment adviser fraud, mail fraud, wire fraud, false statements, perjury, false filing with the SEC, theft from an employee benefit plan, and three counts of international money laundering. Among all the laws that he broke, I think that security fraud is the most important law. Today’s economy is based on the continual investment of people’s money. Thus, to maintain the economy, people should keep investing their money and in order to do that, people must be able to trust their financial advisors without having any

S.1043A “prohibits anyone in possession of non-public, price sensitive information from dealing in, or engaging others to deal in, the shares of a company” (text). After Patricia gained non-public, price sensitive information about SEPL’s intentions to buy a large amount of shares in FPPL, she immediately told her sister and engaged her in buying shares in

Records falsification was not the only illegal activity the Rigas family was wrapped up in. The family used company funds, unbeknownst to their investors, to finance personal endevours and interests. Examples include using corporate money to build a $12.8 million golf course on the Rigas property, using the company plane for personal vacation trips including a safari to Africa, and funding for two Manhattan apartments for his family (Markon, 2014). Not only this, but John Rigas purportedly used the company jet to fly a Christmas tree two times to his daughter in New York (Barlaup, 2009)! All of these incidents are just brief excerpts of the fraud and misuse of company funds that John Rigas and his family committed without any intention of ever paying back into the company. These actions, namely lying and stealing, prove to be the heart of the two moral issues that will be further analyzed.